MG has come in hot with the new IM5 (sedan) and IM6 (SUV), starting from $60,990 driveaway, undercutting Tesla Model 3/Y while still packing some decent specs, including V2L capabilities (you can draw power from the car)
Plus, get a free home battery + EV charger setup (you’ll need to pay for installation):
- 3 x 13kwh batteries
- 1 x 5kwh inverter
Probably the biggest catch I can see is install will be approx ~$3500, and to be eligible you need to have an existing solar setup.
Fuel prices will come back down at some point, and when that happens, a lot of people will be left sitting on EVs they don’t really want.
But…
You’ll still have a home battery + charging setup, which will be handy with ever rising power costs.
Worst case, you end up with non-existent power bills thanks to a solid house battery and a daily driver that can be plugged into your house as well.


Why they will do that? "Fuel prices will come back down at some point, and when that happens, a lot of people will be left sitting on EVs they don’t really want"
People might realise that is more convinient to have a petrol station at home hey.